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profiteer
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Investment banks
European Investment Bank 100, boulevard Konrad AdenauerL-2950 LuxembourgTelephone: ( +352) 43 79 1Fax: ( +352) 43 77 04Web site: http://www.eib.org Government-Owned Company Incorporated: 1958Employees: 1,213Total Assets: $289.14 (2003)NAIC: 522293 International Trade Financing; 522110 Commercial... Read more |
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cartel
cartel , national or international organization of manufacturers or traders allied by agreement to fix prices, limit supply, divide markets, or to fix quotas for sales, manufacture, or division of profits among the member firms. In that it often has international scope the cartel is broader than the... Read more |
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Downsizing
DOWNSIZING DOWNSIZING is the act of reducing the number of employees within a company in order to decrease costs and increase efficiency, with the ultimate goal of greater profitability. Downsized companies either continue the same work functions with fewer employees or they decrease the scope of... Read more |
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Automotive services industry
PARTNERSHIP An association of two or more persons engaged in a business enterprise in which the profits and losses are shared proportionally. The legal definition of a partnership is generally stated as "an association of two or more persons to carry on as co-owners a business for profit" (Revised... Read more |
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International Bank for Reconstruction and Development
International Bank for Reconstruction and Development (IBRD), specialized agency of the United Nations, with headquarters at Washington, D.C.; also called the World Bank. Plans were laid at the Bretton Woods Conference (1944) for the formation of a world bank; it was formally organized in 1945,... Read more |
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Business
Business. Modern capitalist economic progress began during the seventeenth and eighteenth centuries, just when the thirteen colonies that would form the United States were being settled. Such corporate enterprises as the Massachusetts Bay Company, the Virginia Company of London, and the Royal... Read more |
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profit
profit in economics, return on capital, also called earnings, minus the costs of maintaining land, labor, and capital. It is also known as net income. Economic theorists generally make a distinction between two types of profit: normal profit, in which the entrepreneur receives the minimal... Read more |
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bonus
bonus extra amount in money, bonds, or goods over what is normally due. The term is applied especially to payments to employees either for production in excess of the normal (wage incentive) or as a share of surplus profits. The wage incentive was designed during the late 19th cent. not only to... Read more |
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Excess profits tax
EXCESS PROFITS TAX EXCESS PROFITS TAX. The Excess Profits Tax, a predominantly wartime fiscal instrument, was designed primarily to capture wartime profits that exceeded normal peacetime profits. In 1863 the Confederate congress and the state of Georgia experimented with excess profits taxes. The... Read more |
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